Federal Reserve cuts interest rates quarter point; newest Fed Governor Stephen Miran votes no, calls for half-point cut

Federal Reserve announces an interest rate cut of a quarter percentage point, lowering borrowing costs for the first time since December. Newest Fed Governor Stephen Miran, who has taken a leave of absence from his job as chair of the White House Council of Economic Advisers, votes for a bigger cut of 0.5%; U.S. House begins work on the federal government funding extension to prevent a shutdown at the end of the month, debating and voting a resolution to set the rules for House floor debate on the funding measure itself; Former Director of the Centers for Disease Control and Prevention Susan Monarez tells the Senate Health Committee that she was fired by Health & Human Services Secretary Robert F. Kennedy, Jr. for refusing to provide "blanket approval" for changes to vaccine recommendation not supported by science. She says, "Even under pressure, I could not replace evidence with ideology"; President Donald Trump & First Lady Melania Trump are welcomed for their state visit to Great Britain by the King & Queen with a carriage ride on the grounds of Windsor Castle, a military parade, RAF flyover, a chapel choir, and a lavish banquet; FBI Director Kash Patel testifies before the House Judiciary Committee about the Epstein files and politically-inspired violence; Former President Barack Obama discusses the current political climate after the murder of conservative activist Charlie Kirk.

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